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- RE: Successful Car Dealer In Chester
- Contact: Blair Grossman
Quick Facts
Asking Price: | $599,000 | |
Annual Revenue: | $1,400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $289,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 947912 | |
Broker Reference #: | 9525-244040 |
Business Overview:
This is your opportunity to get into the car business with this reputable dealership that boasts almost $1.5 Million in annual sales. Same owner and location for 21-years. Located in Chester, VA, they offer a diverse selection of quality pre-owned vehicles at competitive prices. Owner willing to assist buyer in obtaining a Dealer's License in less than 30-days making this the perfect opportunity for someone wanting to enter this lucrative profession.
NIADA and VIADA membership in good standing since 2007 with 4 industry awards! The business boasts a 40% repeat customer business and serving three generations of customers. Excellent lease on a lot with room for 50 cars.
Experienced lot manager and salesman is willing to stay with business, making semi-absentee ownership possible.
Seller will introduce buyer to exclusive car supplier relationship.
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Property Features and Assets:
Monthly Rent: $3,560.00
Lease Expiration Date: March 31, 2027, 12:00:00 AM
Facilities:Free Standing office and storage building, clean paved lot with customer parking.
FF&E Overview: Small office furniture, signage, computers, car detailing tools.
FF&E General Condition: Good
Market Competition and Expansion:
Competition: Several used car lots in the area which attract numerous buyers, however, few have the wide selection of high-quality cars, offered at competitive prices from a business that has been in business for 21 years.
Expansion: With enhanced marketing and promotions along with in house financing, sales could grow substantially.
Reason for Selling:
Owner retiring after 21 years of continuous operation in the same locationAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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